Nikko AM loses CEO, hires Barclays wealth head

Nikko Asset Management is reshuffling its senior executives after president and chief executive Charles Beazley stepped down for personal reasons and will move back to the UK in the coming weeks. The Japanese firm hired Barclays’ former UK head of wealth management, David Semaya, who will join as a non-executive chairman on April 1 and is expected to become chairman on September 1. Semaya will work out of Nikko AM’s London office until September, at which point he will relocate …